Lemery, Batangas is poised to become a key industrial player with the construction of a P3-billion port and industrial complex.
The seven-hectare Sinisian Lemery Batangas Port and Industrial Park (SLPIC) will house cutting-edge facilities designed to address current and future needs in the construction and energy sectors, said SLPIC president Ferdinand Co.
Co said the complex consists of three major components including the Sinisian Lemery Batangas Port & Industrial Park, the Lemery Cement Silo Tank and the Lemery Oil Terminal.
Each component represents a significant investment exceeding P1 billion, said Co.
The deep-water port will have a draft depth of 15 meters, allowing it to accommodate large Panamax-sized oil tankers and cargo ships, increasing efficiency and capacity for handling goods coming in and out of the region.
The Lemery Cement Silo Tank offers impressive storage capabilities, holding up to 60,000 metric tons of bulk cement and slag. It also acts as a safeguard against potential material shortages, ensuring crucial construction materials are readily available during times of global uncertainty.
The project is expected to open up 200 job opportunities for locals.
Seen fully operational by January 2025, the Lemery Oil Terminal will provide fuel security with a storage capacity exceeding 170 million liters. Unioil Petroleum Inc. already secured a major tenant slot.
“The oil facility will be essential to increase the fuel inventory/security, support the increase in demand, and improve logistics, particularly for NCR, Calabarzon and Southern Luzon. Lemery Oil Terminal is expected to start full commercial operation by January next year,” Co said.
Co, whose family is involved in the construction supply business, recognized the pandemic’s impact on global supply chains and its ripple effect on domestic industries.
SLPIC said it would apply for tax incentives with the Board of Investments (BOI) for the expansion of the industrial park.
